Scott Tech steadies net profit via meat and materials

Scott Technology CEO John Kippenberger has recently visited the US. (Image: supplied)

Thu, 07 Apr 2022

NZX-listed Scott Technology has posted half-year results showing 13% revenue growth to $118.4 million. Earnings before interest, tax, depreciation, and amortisation (ebitda) were $12.2m in the six months to Feb 28 2022, which was up $11.2m from H1 2021.The robotics and automation company provides equipment to several industries with 32% of H1 2022 revenue coming from materials handling, 27% from the meat industry, 24% from mining, 9% from appliance systems, and 8% from industrial automation.Materials handling involves automated systems for...

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